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2020
Flag → Flag
Exports $40.5kRnk 39 / 0
2020
Flag → Flag
Exports $500Rnk 26 / 52
2020
Flag → Flag
Top Product $6.36kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

About

Portugal-Micronesia Trade: In 2020, Portugal exported $40.5k to Micronesia. The main products that Portugal exported to Micronesia were N/A. Over the past 13 years the exports of Portugal to Micronesia have increased at an annualized rate of 18.8%, from $4.33k in 2007 to $40.5k in 2020.

In 2020, Portugal did not export any services to Micronesia.

Micronesia-Portugal Trade: In 2020, Micronesia exported $500 to Portugal. The main products that Micronesia exported to Portugal were Non-Knit Women's Suits ($6.36k), Molluscs ($1.55k), and Felt or Coated Fabric Garments ($1.18k). Over the past 13 years the exports of Micronesia to Portugal have remained the same at an annualized rate of 0%,  from $500 in 2007 to $500 in 2020.

In 2020, Micronesia did not export any services to Portugal.

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Latest Trends

March, 2024

About

Overview In March 2024, Portugal exported €0 and imported €0 from Micronesia, resulting in a remained the same trade balance of €0. Between March 2023 and March 2024 the exports of Portugal have decreased by €-81 (-100%) from €81 to €0, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In March 2024, the top exports of Portugal to Micronesia were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0). In March 2024 the top imports of Portugal from Micronesia were Non-knitted clothing accesories (€62), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In March 2024, the decrease in Portugal's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in . In March 2024, the change in Portugal's year-by-year imports  from Micronesia was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (March 2023 - March 2024)€-81(-100%)
IMPORT GROWTH (March 2023 - March 2024)€0(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Micronesia and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Portugal exported $40.5k to Micronesia. There were not main exports from Portugal to Micronesia in 2020. During the last 13 years the exports of Portugal to Micronesia have increased at an annualized rate of 18.8%, from $4.33k in 2007 to $40.5k in 2020.

In 2000, Micronesia exported $500 to Portugal. The main products exported from Micronesia to Portugal were Non-Knit Women's Suits ($6.36k), Molluscs ($1.55k), and Felt or Coated Fabric Garments ($1.18k).

Exports from Portugal (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Micronesia
Top DestinationThailand$143M

This map shows whether countries import more from Portugal or Micronesia. Each country is colored based on the difference in imports they receive from Portugal and Micronesia or the difference in the growth in imports.

In 2022, countries that imported more from Portugal than Micronesia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Micronesia than Portugal included Thailand ($143M) and Fiji ($1.5M).

Difference in imports from Micronesia (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Micronesia

Flow
Scale

This chart compares trade between Portugal and Micronesia by product, considering products traded by both, Portugal and Micronesia.

During 2020, Portugal had a large net trade with Micronesia in the exports of .

During 2000, Micronesia had a large net trade with Portugal in the exports of Textiles ($7.61k) and Animal Products ($1.55k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Portugal and Micronesia. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Micronesia. Similarly, a dot/product with the flag of Micronesia indicates it has a comparative advantage over Portugal.

Product Space of Portugal (Flag) and Micronesia (Flag) (2022)

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